Which of the following is not guaranteed in a whole life policy

What is not guaranteed in a whole life policy?

That's because most insurance companies that sell whole life also offer a non-guaranteed return rate of return based on dividends. You can choose to apply your dividends to cash value every year, but you can't know how much that will amount to over time.

What is guaranteed in a whole life policy?

Whole life insurance guarantees payment of a death benefit to beneficiaries in exchange for level, regularly-due premium payments. The policy includes a savings portion, called the cash value, alongside the death benefit. In the savings component, interest may accumulate on a tax-deferred basis.

Which parts of a life insurance policy are guaranteed?

A life insurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured dies in exchange for the premiums paid by the policyholder during their lifetime.

Which of the following is guaranteed under a variable whole life insurance policy quizlet?

Variable whole life policies have a guaranteed minimum death benefit. This death benefit may increase, based on the favorable investment activity in the separate account, but not decrease below the guaranteed minimum.